Sports

Barcelona Raise 1.45 bn Euros For Camp Nou Rebuild

Published

3 years ago

April 24, 2023

Barcelona said on Monday they had secured 1.45 billion euros ($1.6 billion) in funding for a redevelopment plan and would start the renovation of the Camp Nou stadium on June 1.

The club said in a statement that the money had come from deals with 20 investors who would receive repayment over periods of between five and 24 years. Barcelona said they would start paying back the loans when the work was completed.

In addition to the football stadium the plan, called ‘Espai Barca’, includes spending on other club facilities. It includes 420m euros earmarked for the Palau Blaugrana, home of the club’s basketball and handball teams, and 20m euros for the Johan Cruyff stadium where the men’s reserve and women’s football teams play.

The club said they expected the work on the Camp Nou to be completed by 2026. The men’s first team will play at the Olympic stadium on Montjuic before returning in the 2024-25 season to a Camp Nou not yet at full capacity.

Barcelona are emulating their main Spanish rivals Real Madrid who began the latest renovation of their Bernabeu Stadium in 2019.

The club is emerging from a financial hole which led to losses of 481 million euros in 2020/21 which led to the departure of the club’s all-time leading scorer Lionel Messi.

Last summer the club raised around 750 million euros by selling 25 percent of their La Liga television rights for the next 25 years and 49 percent of its Barca Studios.

Sports

AFCON 2025: Four Teams Qualify For Round Of 16

Published

6 days ago

December 29, 2025

Editor

South Africa became the fourth team to confirm their place in the last 16 of the 2025 Africa Cup of Nations.

Bafana Bafana edged a five-goal thriller against rivals Zimbabwe, winning 3-2 on Monday evening.

Tshepang Moremi opened the scoring for Hugo Broos’ side, before Tawanda
Maswanhise equalised in the 19th minute.

Lyle Foster restored South Africa’s lead five minutes after the break, but Aubrey Modiba drew the match level in the 73rd minute.

The winning goal came with eight minutes remaining, as Oswin Appollis converted from the penalty spot.

The result took South Africa to six points, one behind group winners Egypt. Both sides have qualified for the next round, alongside Nigeria and Algeria.

Sports

AFCON: Uganda Coach Lists Three Things His Team Must Do Against Nigeria

Published

6 days ago

December 29, 2025

Editor

Uganda head coach Paul Put has outlined three key areas his side must focus on to secure victory against Nigeria when both teams clash in Tuesday’s Africa Cup of Nations tie.

Put’s side must claim all three points against the Super Eagles or risk an early exit from the competition. The Cranes have just one point in Group C after their opening two matches.
A win against Nigeria could see Uganda qualify as one of the best third-placed teams.

However, speaking at his pre-match press conference on Monday, Put said that for Uganda to overcome Eric Chelle’s side, they must “concentrate be very prepared and win their duels” against Nigeria.

“We have to go for it [win against Nigeria] and we will do it,” Put said.

“Nigerians play at a high level in Europe, so we have to be very concentrated, very prepared and win our duels, which is one of the strong points of Nigeria.”